TULIP HOUSE, FAULKNERS CLOSE, FAIRFORD, GL7 4DE - £295,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

TULIP HOUSE is a large detached house of 157m², built sometime between 2003 and 2006. It was last sold for £295,000 in October 2005, which was around 17% below the average October 2005 detached price in the Cotswold local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

TULIP HOUSE Sold Prices

Land registry data shows two sales for TULIP HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. Both of the two TULIP HOUSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2005 5 OCT	£295,000	£356,620	17% below HPI
2003 1 AUG	£280,000	£329,836	15% below HPI

TULIP HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cotswold local authority area over time, sourced from the HPI. The two TULIP HOUSE sales from August 2003 and October 2005 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2003 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2005 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is TULIP HOUSE?

TULIP HOUSE is 157m² according to the EPC inspection conducted in June 2009. This puts it in the largest 30% of detached houses in Horcott, based on EPC data. The below chart shows the distribution of detached houses by size in Horcott, and where TULIP HOUSE lies on this distribution: 72% of detached houses are smaller than TULIP HOUSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Horcott.

TULIP HOUSE: Plot and Title Map

TULIP HOUSE sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of TULIP HOUSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of TULIP HOUSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is TULIP HOUSE?

TULIP HOUSE is located on FAULKNERS CLOSE in FAIRFORD, in the GL7 postcode district. The below map shows the position of TULIP HOUSE on FAULKNERS CLOSE.